Ever since from our last update, the market indeed have been going sideways. There is clear resistance in the 3950 zone. While support has been rising and being tested. If we break below 3740, then we should continue the down trend. Where is the Stock Market Going Next? Our prediction is down. We still have …
Continue reading “Stock Market Sideways As Anticipated – What Happens Next?”
End of week of 6/24/22, and we have ended the week with strong bullish action. This is a great sign for a multi-week run back to the upside. In our opinion, we’re looking for long opportunities cautiously as we are going against the intermediate trend. Let’s look at the weekly chart below What will the …
According to TradingShot from tradingview, we could be geared for a bullish few weeks and the monthly candle can close green. Price has made a new Lower Low on the blue Channel above. The bottom of the channel is also aligned with the -0.236 Fibonacci extension. The expectation here is a bounce and price will move …